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1 min read

SPAC king Chamath Palihapitiya says higher rates have created a 'wave of destruction' across whole sectors

The famed investor and so-called SPAC king said that the end of zero interest rate policy has creat…

Jennifer Sor   


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3 mins read

'SPAC King' Chamath Palihapitiya says blank-check companies need more oversight and regulation

"It is time to improve the regulations around the SPAC ecosystem with clear and rigorously enforced…

Will Daniel   


Jennifer Sor   


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3 mins read

Chamath Palihapitiya's 4 blockbuster SPAC mergers have tumbled 32% this year as investors ditch flashy growth stocks

Clover Health has plunged 76% in 2021, and Virgin Galactic is down 36%, in a tough year for billion…

Harry Robertson   


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2 mins read

Bill Ackman says he'll return $4 billion to PSTH investors after failing to close a SPAC deal - and trumpets his next-generation SPARC

The Pershing Square chief blamed the market's rapid rebound after the pandemic crash, investors sou…

Theron Mohamed   


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2 mins read

Shaquille O'Neal, former Disney executives, and Martin Luther King Jr.'s son target $250 million SPAC launch

Potential targets for the blank-check firm include intellectual property and "audience aggregation …

Ben Winck   


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1 min read

'SPAC king' Chamath Palihapitiya is planning a $1 billion listing of a climate company, according to reports

The billionaire investor's new vehicle won't be a SPAC, but it will aim to make several acquisition…

Theron Mohamed   


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2 mins read

Chamath Palihapitiya among SPAC sponsors asked by senators about potential conflicts of interest

The senators said industry insiders can "take advantage of ordinary investors" such as making "over…

Isabelle Lee   


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8 mins read

How Grab, Asia's Uber, stumbled before and after its $40 billion SPAC, with pandemic layoffs and a teary all-hands with its CEO

Grab was a poster child for how Southeast Asia could match — or at least ape — Silicon Valley innov…

Weilun Soon   


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2 mins read

Silly season is over for markets - and GameStop will crash next, 'Bond King' Bill Gross says

Easy money fueled wild speculation in high-risk assets like meme stocks, SPACs, and NFTs, but cash …

Theron Mohamed   


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2 mins read

BlackRock and Snowflake team up - The PE fast-food king - SPACs hedge funds love

The top finance stories for February 23, including the latest news on BlackRock's partnership with …

Dan DeFrancesco   


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2 mins read

Natasha Dailey   


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2 mins read

Chamath Palihapitiya's SPACs will offer retail investors a way into its IPOs through SoFi's platform

The SPACs will make 5% of shares from the IPOs available to retail investors through SoFi's online …

Natasha Dailey   


Harry Robertson   


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2 mins read

Billionaire investor Chamath Palihapitiya files for 4 new biotech-focused SPACs that seek to raise $800 million

The latest additions build on Palihapitiya's roster of 6 special-purpose acquisition companies alre…

Shalini Nagarajan   


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2 mins read

SPAC craze is driven by a frenzy of speculation and may not yield expected returns, legendary short-seller Jim Chanos says

Chanos criticized companies for putting aside metrics such as revenue and earnings, and focusing in…

Shalini Nagarajan   


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3 mins read

Amazon sold you everything, now it wants to test you

In this week's edition of the Insider Tech newsletter we look at Amazon's next big thing, and check…

Alexei Oreskovic   


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2 mins read

Insiders are buzzing about Subway sale rumors

Insider's top advertising and media stories for April 13.

Lauren Johnson   


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1 min read

BowX jumps on reports it will take WeWork public via SPAC merger

The blank-check firm jumped nearly 7% in early trading on Friday on reports it will give WeWork a s…

Emily Graffeo   


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2 mins read

WeWork has agreed to go public via a SPAC merger. The deal values it at $9 billion, less than a quarter of its 2019 valuation.

The merger with the BowX Acquisition Corp SPAC values WeWork at $9 billion, and comes two years aft…

Grace Dean